A variety of good news in todays announcement from DOU. They have completed their beta program ahead of their US launch, as well as they have obtained all necessary compliance and regulatory approvals required for the launch. and are on schedule for final submission to Apples App Store. Nice bit of volume today and RSI pointing up. Looks like bollingers might be...
ASX:DOU is pretending to care about the 0.618 fib at 0.215$ but in reality it will follow the parabola break theory where the stock has to drop upto 80% or more when its parabolic trend is broken. I am waiting to see this stock at 0.1$ or less. In meantime we can scalp it and make money on this move towards the abyss.
IPO stock spent the day finding its base, looks to be have support at 6c. Graph is showing a move up to a new high of 7.2c, but ill be happy with a move to 6.8c. Strong volume and good future ahead of it.
